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Mining

 

Rio Tinto energy business loses US$ 53 million

Diversified miner, Rio Tinto, has announced a US$ 53 million loss for its Energy Group in the first half of 2013, as total underlying earnings dropped 18% to US$ 4.3 billion.

 
 

Old King Coal lives on

Coal’s obituary has been written many times and yet the old king is still alive and well – even in regions that are actively seeking to kill it.

 
 
 
 
 
 
 

Blending Mongolian coal

Aspire Mining confirm test work indicates Mongolion metallurgical coal from Ovoot project significantly upgrades Tavan Tolgoi’s non-metallurgical coals.

 

Green light for Bowen Basin project

International Coal has been granted two exploration permits for its proposed Consuelo project in Queensland, Australia, giving it the green light to move forward with plans to develop the project.

 
 

Scottish coal mines to reopen

Hargreaves Services plans to restart production at five coal mines in Scotland, which were acquired in a £8.4 million deal.